A Computerized Maintenance Management System $($CMMS$)$ should not be regarded as an asset management system, but rather as a component of it$.$ Here$$s why:

Focus: A CMMS primarily focuses on maintenance activities such as scheduling, planning, and tracking maintenance tasks. An asset management system, on the other hand, covers a broader range of activities, including acquisition, operation, maintenance, and disposal of assets.

Functionality: While a CMMS helps in maintaining the operational efficiency of assets, an asset management system aims to optimize the entire lifecycle of assets, balancing costs, risks, and performance.

Strategic Role: An asset management system plays a strategic role in an organization, helping in decision$-$making related to assets. A CMMS$,$ while crucial, is more operational in nature.

In summary, while a CMMS is an integral part of managing an organization$$s assets, it$$s just one piece of the larger puzzle that is asset management. Therefore, while a CMMS can be part of an asset management system, it should not be regarded as an asset management system in its entirety. It$$s a tool that supports the maintenance aspect of comprehensive asset management.